Instead of continuing to beat the modular Moto Z dead horse that arguably lived a much longer life than it deserved, Motorola shifted its focus almost entirely on two things in 2020. The brand expanded its successful mid-range Moto G line with more new models last year than one human can count on the fingers of both their hands while also releasing a whole bunch of 5G-enabled phones, most of which came with very reasonable prices.
Both that encouraging number and the division’s 10 percent revenue increase compared to the final calendar quarter of 2019 came from the “continued expansion” of the Moto-branded product portfolio and a “significant boost of average selling prices on strong product launches.”
Going forward, Lenovo expects its mobile business to “continue to leverage 5G innovation to drive future profitable growth.” Speaking of, 5G sales are already contributing a solid 14 percent to the total MBG revenue, which is a number that’s pretty much guaranteed to go up in the next few quarters.
Elsewhere, Lenovo unsurprisingly derived the bulk of its revenue and profit from the market-leading PC division, wrapping up the quarter with record-breaking overall figures.
